GNFC Shareholders: Time for caution?

GNFC is the largest producer of Toulene Di-Isocyanate (TDI) in India with a production capacity of 65,000 tonnes per annum

As TDI prices have soared, so has the Company’s revenues and profits resulting in the stock price increasing by 5x in the last two years.

Conversely,consumers of TDI have borne the brunt of the price increase.

Now as the conference call transcripts of Sheela Foam indicates, a relief for them is around the corner.